Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

RBC Global Corporate Bond Fund Series A

  • Premium Feature Only
Add to My Watchlist

Global Corp Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2013, 2012

Click for more information on Fundata’s FundGrade

NAVPS
(05-27-2025) 		$8.63
Change
$0.04 (0.45%)

As at April 30, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$11,000$12,000$13,000$14,000$15,000$16,000$9,000$9,500$10,500Period

Legend

RBC Global Corporate Bond Fund Series A

Compare Options

Fund Returns

Inception Return (August 23, 2004): 2.95%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -0.21% 0.39% 0.94% 1.01% 5.81% 4.13% 2.32% -1.13% 0.06% 0.45% 0.95% 0.72% 1.07% 1.07%
Benchmark -2.16% -0.59% 2.47% 0.75% 9.97% 6.36% 6.27% 2.11% 0.82% 2.13% 2.94% 2.25% 3.13% 3.44%
Category Average -0.29% 0.41% 1.86% 1.16% 7.40% 5.52% 3.81% 1.12% 2.33% 2.42% 2.61% - - -
Category Rank 77 / 200 100 / 199 171 / 199 96 / 199 130 / 166 122 / 154 119 / 139 116 / 127 103 / 118 107 / 112 93 / 97 83 / 88 78 / 82 63 / 65
Quartile Ranking 2 3 4 2 4 4 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.35% 0.63% 1.88% 0.96% 1.41% -1.46% 1.26% -1.31% 0.62% 1.27% -0.66% -0.21%
Benchmark 1.05% 0.71% 3.42% -0.54% 2.07% 0.44% 1.01% 0.69% 1.35% 1.09% 0.51% -2.16%

Best Monthly Return Since Inception

4.67% (April 2020)

Worst Monthly Return Since Inception

-8.08% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -0.66% 5.05% 3.62% -2.63% 9.23% 6.13% -2.38% -15.19% 7.61% 3.00%
Benchmark 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54% 10.41%
Category Average - - - - 9.03% 6.89% 0.56% -10.54% 7.62% 5.63%
Quartile Ranking 4 3 3 4 2 3 4 4 2 4
Category Rank 60/ 64 55/ 79 60/ 88 82/ 96 48/ 109 66/ 114 116/ 122 115/ 136 71/ 153 129/ 156

Best Calendar Return (Last 10 years)

9.23% (2019)

Worst Calendar Return (Last 10 years)

-15.19% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 53.62
Canadian Corporate Bonds 22.04
Foreign Government Bonds 14.88
Cash and Equivalents 8.25
Canadian Government Bonds 0.75
Other 0.46

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 91.43
Cash and Cash Equivalent 8.23
Financial Services 0.48
Energy 0.04
Utilities 0.03
Other -0.21

Geographic Allocation

Geographic Allocation
Name Percent
North America 71.85
Europe 19.85
Latin America 3.25
Africa and Middle East 2.82
Asia 1.74
Other 0.49

Top Holdings

Top Holdings
Name Percent
RBC Emerging Markets Bond Fund Series O 2.22
Vanguard Short-Term Corp Bond Idx FdETF (VCSH) 1.95
iShares Core Canadian Short Term Corp Bnd Inx(XSH) 1.95
BMO Short Corporate Bond Index ETF (ZCS) 1.90
BlueBay Emerging Markets Corporate Bond Fd O 1.60
Canada Government 22-May-2025 1.28
Canada Government 18-Jun-2025 1.15
United States Treasury 4.25% 15-Feb-2054 0.88
Canada Government 07-May-2025 0.69
United States Treasury 3.63% 30-Sep-2031 0.68

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return2345678910110%2%4%6%8%10%

RBC Global Corporate Bond Fund Series A

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 7.35% 6.83% 6.07%
Beta 0.93% 0.74% 0.49%
Alpha -0.03% 0.00% -0.01%
Rsquared 0.54% 0.50% 0.29%
Sharpe -0.19% -0.31% -0.07%
Sortino -0.09% -0.52% -0.37%
Treynor -0.01% -0.03% -0.01%
Tax Efficiency 55.37% - 18.55%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.88% 7.35% 6.83% 6.07%
Beta 0.41% 0.93% 0.74% 0.49%
Alpha 0.02% -0.03% 0.00% -0.01%
Rsquared 0.24% 0.54% 0.50% 0.29%
Sharpe 0.52% -0.19% -0.31% -0.07%
Sortino 1.08% -0.09% -0.52% -0.37%
Treynor 0.05% -0.01% -0.03% -0.01%
Tax Efficiency 80.21% 55.37% - 18.55%

Fund Details

Start Date August 23, 2004
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $14,293

Fund Codes

FundServ Code Load Code Sales Status
RBF580

Investment Objectives

The objective of the fund is to provide a high level of interest income with the potential for modest capital growth by investing primarily in global corporate bonds. The fund invests primarily in investment grade corporate debt securities from anywhere around the world. It may also invest in high yield debt securities and emerging market sovereign and corporate bonds.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: invests primarily in investment grade debt securities rated BBB(-) and above by Standard & Poor’s (or equivalent rating agency) from anywhere around the world; maintains a minimum portfolio average credit quality rating of BBB(-) by Standard & Poor’s (or equivalent rating agency).

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

  • Frank Gambino
  • Marty Balch
Sub-Advisor

RBC Global Asset Management (UK) Limited

  • Soo Boo Cheah

RBC Global Asset Management (U.S.) Inc.

Management and Organization

Fund Manager

RBC Global Asset Management Inc.
Custodian

RBC Investor Services Trust (Canada)
Registrar

RBC Global Asset Management Inc.

Royal Bank of Canada

RBC Investor Services Trust (Canada)
Distributor

Royal Mutual Funds Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.64%
Management Fee 1.35%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.75%
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info